Minimum income calculator / Required income calculator / New minimum income calculator / Income calculator / Required income mortgage calculator / Home loan calculator in South Africa
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Minimum Income Calculator

Affordability Calculator | Bond Status Calculator | Increased Installments Calculator | Minimum Income Calculator | Monthly Payments Calculator

 
HOW TO USE THE CALCULATOR
Key in the amount of the home loan that you require. Key in the home loan interest rate you qualify for. Key in the number of months that you would like to repay your bond (this may vary between 20, 25 and 30 years e.g. 30 years = 360 months). Click on the ‘Calculate’ button.
WHAT WILL THIS CALCULATE
Calculates the single or joint gross monthly income required to afford a home loan and what the repayment will be.
DISCLAIMER
While every effort has been made to ensure accuracy, no responsibility can be accepted for errors or omissions however caused.
No responsibility for any loss occasioned to any person acting or refraining from action as a result of material in this programme is accepted by Mortgage Plus Bond Originators.
MINIMUM INCOME REQUIRED
Required Home Loan Amount (Rand)
Interest Rate (% per annum)
Repayment Term (# months)
   

Monthly Instalment (Rand)
Minimum Gross Monthly Income (R)
 

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